THE ETERNAL OLD LADY: BANK OF ENGLAND HISTORY & DEVELOPMENT
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War created the Bank of England. Had King William III possessed enough money to combat France's Louis X1V, the first public bank may have never emerged.
The Bubble burst. Sword Blade Bank went bust in 1712 and there was a run on the Old Lady. To stem the flow, staff made payments in sixpences and shillings to friends who carr
Ian Moncrief-Scott
Ian Moncrief-Scott has over fifty years of broad business experience, mostly gained at international level, based in the UK. As a former senior executive for a global publishing and information technology company headquartered in the USA, he has contributed to numerous client-facing procurement and outsourcing initiatives worldwide. Ian has created and participated in numerous small businesses in the UK, Isle of Man and elsewhere. He has also represented the Isle of Man Government Department for Enterprise in several of its business support schemes Ian designed and delivered extensive training for its Micro Business Grant Scheme. In recognition of his long-term service to the Department, Ian was nominated for The Queen's Award for Enterprise Promotion and awarded an official Certificate of Recognition in 2018.
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